Archives par catégorie: Business

Grayscale Moves Nearly $1 Billion Worth Of Bitcoin In Past Month – Report

Grayscale Moves Nearly $1 Billion Worth Of Bitcoin In Past Month – Report

According to the latest report, asset management firm Grayscale has been transferring large amounts of Bitcoin to various wallet addresses over the past month. This data revelation comes days after the asset manager’s application to convert its Bitcoin trust to a spot exchange-traded fund (ETF) was approved by the United States Securities and Exchange Commission […]

Ethereum Eclipses Bitcoin In A Crypto Coup: Has The King Been Dethroned?

Ethereum Eclipses Bitcoin In A Crypto Coup: Has The King Been Dethroned?

The winds of change are swirling through the once-Bitcoin-dominated cryptocurrency landscape, as Ethereum (ETH) stages a stunning rally, leaving the reigning king, Bitcoin (BTC), in its wake. Just days after the highly anticipated approval of Bitcoin’s spot ETF, a paradoxical scene unfolds: ETH soars 13.5%, scaling a 9-month high above $2,650, while BTC stumbles with […]

Bitcoin Retreats: ETF Dream Fades, Price Tumbles Under $42,000

Bitcoin Retreats: ETF Dream Fades, Price Tumbles Under $42,000

In a dramatic turn of events, Bitcoin prices plummeted Friday, erasing almost 10% of its value and dashing hopes of a sustained rally fueled by the highly anticipated launch of spot Bitcoin ETFs. The cryptocurrency, which had surged to a two-year high of $49,000 just a day prior, retreated below $42,000 as investors digested the […]

Analyst Pinpoints Crucial Support Level For Ethereum (ETH) Post-ETF Surge

Analyst Pinpoints Crucial Support Level For Ethereum (ETH) Post-ETF Surge

According to data from CoinMarketCap, Ethereum (ETH) had dipped over 2% in the last 24 hours. This negative price movement comes after an initial price boost by the token which it gained by over 19% following news of the Bitcoin spot ETF approval in the US on Wednesday.  Interestingly, popular crypto analyst Ali Martinez has […]

Coinbase Expands To Africa, This Partnership Will Make It Happen

Coinbase Expands To Africa, This Partnership Will Make It Happen

On January 11, crypto exchange Coinbase unveiled its partnership with Yellow Card, the largest and first licensed Stablecoin on/off ramp on the African continent, to expand the access of their products to emerging economies across the African continent. Expansion To Emerging Economies Coinbase will expand access to its products through this new partnership with Yellow […]

Bitcoin Price Suffers Post-Spot ETF Blues, Drops 7% To $43,200

Bitcoin Price Suffers Post-Spot ETF Blues, Drops 7% To $43,200

The introduction of Bitcoin (BTC) exchange-traded funds (ETFs) has triggered a significant sell-off, leading to a sharp decline in the Bitcoin price. After gaining approval and commencing trading on Thursday, the ETFs have prompted a “sell the news” event, causing Bitcoin’s value to plummet from its initial trading price of $46,500 at the time of […]

Crypto Analyst Predicts 800% Rally As Dogecoin Enters Buy Zone

Crypto Analyst Predicts 800% Rally As Dogecoin Enters Buy Zone

Compared to other meme coins and large caps in the crypto space, the Dogecoin performance has been quite lackluster, to say the least. Even as Bitcoin sets an out toward its previous highs, Dogecoin price has been muted. Bit this could change soon as one analyst sees a reversal coming. Dogecoin Price Has Entered The […]

The Bitcoin Climax: Analyst Flags Market Peak Amid Spot ETF Hype Cooling Off

The Bitcoin Climax: Analyst Flags Market Peak Amid Spot ETF Hype Cooling Off

A notable shift in market sentiment has recently been observed, particularly around the Bitcoin spot Exchange-Traded Funds (ETF) narrative. YouTube analyst Crypto Banter, in a recent analysis, suggests that the initial excitement surrounding Bitcoin spot ETFs is waning, leading to a change in investor behavior. According to Crypto Banter, despite significant trading volumes in spot […]

Litecoin About To Explode And Outperform Bitcoin? Analyst Is Super Bullish

Litecoin About To Explode And Outperform Bitcoin? Analyst Is Super Bullish

Litecoin, a cryptocurrency often referred to as the “silver to Bitcoin’s gold,” is gaining traction among analysts who predict its potential to outperform Bitcoin shortly.  Tony “the Bull,” a certified chartist and the Head of Research at NewsBTC, took to X on January 12, laying out a bullish outlook for the 18th most valuable cryptocurrency. Citing […]

Bitcoin’s Rollercoaster: Surges Then Faces Sudden Dip As Options Expiry Looms

Bitcoin’s Rollercoaster: Surges Then Faces Sudden Dip As Options Expiry Looms

According to Crypto trader Mags, Bitcoin, the flagship cryptocurrency, has recently demonstrated a notable +55% surge, breaking out from a smaller broadening wedge pattern. Mags shared insights on this significant price movement, observing Bitcoin’s breakout and suggesting a mid-term target at the “upper trendline resistance of a larger broadening wedge.” This surge notably results from […]

BNB’s Liquidity Fell In Q4 2023, Bitcoin, XRP, And Dogecoin Lead

BNB’s Liquidity Fell In Q4 2023, Bitcoin, XRP, And Dogecoin Lead

Amidst regulatory scrutiny and leadership changes, Binance Coin (BNB) lost its footing in the liquidity race, slipping to 13th place in Q4 2023, according to Kaiko data on January 11. This surprising development contrasts BNB’s position as the third-largest cryptocurrency by market capitalization, raising questions about its general liquidity. Dogecoin Flips BNB In Liquidity Rankings Kaiko’s findings, […]

Ethereum Price Prediction: Analyst Predicts 100% Rise Against Bitcoin

Ethereum Price Prediction: Analyst Predicts 100% Rise Against Bitcoin

Crypto analyst Michaël Van De Poppe recently made a bullish prediction for the Ethereum price against Bitcoin in the near future, noting the path for this to happen. According to a social media post by the analyst, price action on the ETH/BTC pair for the next months will center around spot Bitcoin ETFs, with a […]

Bitcoin Erases $49,000 ETF Rally As Coinbase Users Take To Selling

Bitcoin Erases $49,000 ETF Rally As Coinbase Users Take To Selling

Bitcoin had earlier shown a sharp rally toward the $49,000 mark, but the asset was quick to retrace the entire surge as the Coinbase Premium turned negative. Bitcoin Coinbase Premium Gap Plunged Into Negative During Past Day As pointed out by CryptoQuant Netherlands community manager Maartunn in a post on X, the Coinbase Premium Gap […]

Solana In 2024: Roadmap And Key Price Targets For This Year

Solana In 2024: Roadmap And Key Price Targets For This Year

The Solana Foundation has unveiled a roadmap for 2024, focusing on innovation, developer engagement and network scalability. “2024 is the year of Solana,” the foundation proclaimed, focusing on the key milestones achieved and strategic goals for the year in the statement. The “Solana Foundation’s State of Developer Ecosystem Report” highlights a surge in developer activity, […]

XRP Burn Hits Major Milestone, Can The Burns Propel Price To $1?

XRP Burn Hits Major Milestone, Can The Burns Propel Price To $1?

The total number of XRP tokens burned just recently hit a major milestone. This has raised questions as to how much impact these burns can have on the value of the XRP tokens in circulation. Interestingly, Ripple’s CTO David Schwartz recently made some comments in this regard as he weighed in on whether or not […]

Lido (LDO) Action Heats Up: Nearly 90% Of Holders See Profits On Crypto Climb

Lido (LDO) Action Heats Up: Nearly 90% Of Holders See Profits On Crypto Climb

The past week has been a triumphant one for Lido DAO, with its LDO token surging an impressive 22%, leaving a sluggish broader crypto market in its dust. This notable feat mirrors the 18% ascent of Ethereum, its underlying blockchain, showcasing a deep synergy between the leading liquid staking platform and its technological foundation. But […]

Cardano’s 2024 Kickoff: First Two Weeks Show Major Updates, Report

Cardano’s 2024 Kickoff: First Two Weeks Show Major Updates, Report

In a report from the educational tool Essential Cardano, the team behind Input Output Global (IOG) showed some of the latest updates to ship in the ecosystem. From performance to scalability, the network continues to implement improvements. Cardano has been regaining bullish momentum in the crypto market as the news of the spot Bitcoin Exchange […]

Crypto Analyst Unveils Bullish End Of Year Predictions For Ethereum

Crypto Analyst Unveils Bullish End Of Year Predictions For Ethereum

Crypto Expert Anthony Sassano has provided a bullish narrative for the Ethereum ecosystem. Based on this, he believes that Ethereum could hit a new all-time high (ATH) this year. The analyst also went as far as predicting what price level ETH could hit in particular.  ETH Could Rise To As High As $10,000 This Year […]

Ethereum Classic (ETC) Explodes Over 50% In Massive Price Jump – Here’s Why

Ethereum Classic (ETC) Explodes Over 50% In Massive Price Jump – Here’s Why

The long-awaited arrival of a Bitcoin spot ETF in the US has sparked a surge in cryptocurrency prices, with Ethereum Classic leading the charge among altcoins. After languishing around $20 for months, Ethereum Classic (ETC) has skyrocketed over 50% in the past seven days, currently hovering around $29.45 and just a breath away from reclaiming […]